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Tools
Size
8
Bedrooms
2
Full Baths
0.22 Acres
Exterior
Financial
Listing Details
Single Family
Property type
1960
Year Built
10584265
Web Id
10322280
MLS ID
81
Days Posted
Description
217 W Simon Terrace,
Atlanta,
GA
30318
Atlanta, GA 30318
Looking for cash flow? You found it! This vacant home has been set up for roommates on the PadSplit platform, which provides furnished rooms for rent. PadSplit provides affordable rooms for the workforce while getting a much higher ROI for investors. This home can generate $5700+ per month in rent with its current setup. Excellent off-street parking behind the house and only 1 mi from HE Holmes MARTA Train Station - this home check's all the boxes for CoLiving or PadSplit. Its layout is also ideal for the savvy house-hacker wanting sweat equity, CoLiving investor, or handy owner-occupant looking for the versatility of a flexible floor plan comprising 8 rooms that could be used as bedrooms or flex-rooms. This home only needs some light cosmetic work to be up and running again. This home's distinctive layout offers a plethora of choices. In need of multiple work-from-home spaces? How about a dedicated gym, a media room, or extra rooms for guests? This property has got you covered. Alternatively, for the savvy owner-occupant, move in and let your roommates pay your mortgage and start building wealth from day one. OFFER REQUIREMENTS: Do all due diligence prior to submitting offer, $7,500 EM, closing attorney must be the Fryer Law Firm
This is an Active listing.
Broker Office Phone Number: 770-549-9465
Copyright © 2024Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 770-549-9465
Copyright © 2024Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Refrigerator
- Garage
Price HistoryView all +
date | price | variance | type |
---|---|---|---|
8/22/2024 | $219,000 | - | off market |
6/20/2024 | $219,000 | - | Listed |
6/9/2024 | $235,000 | - | off market |
5/3/2024 | $235,000 | 4.08 % | decreased |
4/6/2024 | $245,000 | 5.77 % | decreased |
3/24/2024 | $260,000 | 5.11 % | decreased |
2/20/2024 | $274,000 | - | Listed |
Listing By: Keller Williams Realty via Data Source: Georgia Multiple Listing Service